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Diageo gets hardly half a per cent in USL in open offer

Diageo Plc’s move to acquire up to 26 per cent in India’s leading whisky maker United Spirits Ltd through an open offer has failed on expected lines. Diageo got 0.4 per cent, or a......

United Spirits to shed 300 jobs

United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company. United Spirits Ltd (USL), majority owned by British liquor major......

MCFL investments in UB group firm may be irregular

Earlier, alleged financial irregularities had come to fore at United Spirits Ltd (USL) relating to loans advanced to UB Group firms including for long-defunct Kingfisher Airlines. In fresh troubles......

Mallya received part of Diageo funds in offshore accounts

In 2012, Diageo had paid Rs 3,635 crore to Mallya for his 19.3 per cent stake in United Spirits. Vijay Mallya, chairman of UB group, received part of the proceeds from the sale of shares in United......

Mallya resigns as USL chief; to be paid Rs 515 crore

Mallya will now be the Founder Emeritus of USL Liquor baron Vijay Mallya on Thursday quit as chairman of United Spirits -- a company set up by his family but now controlled by global liquor giant......

Could lose title to 1 cr shares of USL worth Rs 3K cr: Diageo

World's largest spirits maker Diageo could lose title to over one crore shares of United Spirits Ltd (USL) worth over Rs 3,235 crore or Rs 32.35 billion at current market price in case of 'adverse'......
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Vijay Mallya Files Plea For Recalling Contempt Order

Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka High Court for recalling its order summoning him for allegedly... ...

http://www.bloombergquint.com/business/2016/11/26/vijay-mallya-files-plea-for-recalling-contempt-order
Mallya

In a counter-affidavit, businessman says he has no control over their Trusts or the manner in which they will spend the millions Businessman... ...

http://www.thehindu.com/news/national/Diageo-money-was-split-among-my-children-Mallya/article16696470.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Will Mallya lose Kingfisher brewer too?

Diageo-controlled United Spirits Ltd (USL) has exited from United Breweries Ltd by selling its entire 3.21 percent stake in the company for Rs 872... ...

http://www.firstpost.com/business/usl-sells-united-breweries-stake-to-heineken-will-mallya-lose-kingfisher-maker-too-2331298.html
CBI obtains non-bailable warrant against Mallya, to seek his extradition

17:04 IST Mumbai (Maharashtra) [India], Nov. 21 ( ANI ): The Central Bureau of Investigation (CBI) has obtained a non- bailable warrant (NBW)... ...

http://aninews.in/newsdetail-MTA/Mjg4MjI3/cbi-obtains-non-bailable-warrant-against-mallya-to-seek-his-extradition.html
6 months on, HPBCL struggles to control liquor trade in state

Now we have exact information as to who is running a parallel liquor trade in the state. Huge corruption was involved in the business and black... ...

http://indianexpress.com/article/india/india-news-india/himachal-pradesh-6-months-on-hpbcl-struggles-to-control-liquor-trade-in-state-4372478/

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